Tuesday 24, April 2012 by Robin Amlôt

Saudi Electricity Company successfully closed $1.75 billion international Sukuk

Saudi Electricity Company, rated A1/AA-/AA- (all Stable) and the largest utility in the Middle East, has announced the successful closure of a $1.75 billion dual-tranche Sukuk issue, comprising $500 million with a five year maturity and $1.25 billion with a 10 year maturity.

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